As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.

I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.

My teachers helped guide and motivate me; but the responsibility of learning was left with me, an approach to learning which was later reinforced by my experiences at Amherst.

If Trump actually wants to help those who have been left behind, he must go beyond the ideological battles of the past.

On screen chemistry can be very different from off screen chemistry.

WikiLeaks, for me, has not only that element in it of journalism publishing, but also the way in which it does it, with its - the concept we have of scientific journalism, I find very important and really appeals to me, that all of the source documents should be there.

The man who first gave history a recognized place in science was an ancient historian.

We judge economics by what it can produce. As such, economics is rather more like engineering than physics: more practical than spiritual.